press release

TRX Applauds RMK13: Committed to Driving Malaysia’s Growth Through Collaboration and A Thriving Financial Industry

Kuala Lumpur, Malaysia – 12 August 2025 – Tun Razak Exchange (TRX), Malaysia’s premier International Financial Centre (IFC), lauds the Government’s recently announced Thirteenth Malaysia Plan (RMK13), a visionary roadmap to propel Malaysia towards high-income nation status by 2030. TRX is proud to affirm its full support for RMK13 and its bold focus on value creation, digital transformation, and inclusive prosperity.

RMK13: A Blueprint for a High-Income, Resilient Malaysia

The Thirteenth Malaysia Plan sets out a clear and ambitious agenda for the nation, prioritising high-value industries, digitalisation, sustainability, and equitable growth. RMK13’s emphasis on collaboration across government, industry, and society resonates deeply with TRX’s own mission to serve as a catalyst for Malaysia’s economic transformation.

As Malaysia charts its course under RMK13, the nation’s financial landscape is being shaped by the dynamic interplay of three key financial hubs: Tun Razak Exchange (TRX), Labuan International Business and Financial Centre (Labuan IBFC), and the Johor-Singapore Special Economic Zone (JS-SEZ). Together, these centres form the backbone of Malaysia’s financial industry, each offering unique strengths and complementary roles that, when synergised, can propel Malaysia to the forefront of regional and global finance.

As Malaysia’s mandated International Financial Centre, TRX stands ready to play a pivotal role in realising the aspirations of RMK13. Since its inception, TRX has created more than 20,000 high-skilled jobs and attracted RM8 billion in private investment. TRX is home to global financial leaders such as HSBC, Ant International, Prudential, MUFG, KAF, Principal, Bin Zayed International and most recently, global consulting firm, PwC. The recent successes are a testament to Malaysia’s commitment to building a future-ready economy.

TRX’s commitment to RMK13 is rooted in collaboration, serving as the pilot precinct for Malaysia’s ambitions to be a leading Southeast Asian Financial Centre and Global Islamic Finance Hub. To this, we hope to establish a government-led Joint Task Force Committee, potentially co-chaired by a key government stakeholder and TRX, working closely with the Ministry of Finance, Ministry of Investment, Trade and Industry, Bank Negara Malaysia, Securities Commission, Malaysia Investment Development Authority, TalentCorp, and other key stakeholders to:

• Accelerate Policy Alignment: Support cross-agency efforts to streamline regulation, foster innovation, and create a conducive environment for high-growth, high-value industries and strategic high-impact sectors.
• Facilitate Investment: As the first initiative outlined in RMK13, which calls for transparent, agile and efficient services, the steering committee will provide a one-stop platform for investor onboarding, advisory, and talent development.
• Drive Digitalisation: Champion the adoption of digital finance, fintech, AI, and blockchain, in line with RMK13’s call for a digitally empowered economy.
• Nurture Talent: Collaborate on global talent attraction and upskilling initiatives to ensure Malaysians are equipped for high-value, future-facing roles.
• Promote Sustainability: Advance ESG innovation and green finance, supporting RMK13’s vision for a sustainable and resilient Malaysia.

A Platform for Shared Prosperity

TRX’s role extends beyond finance. By fostering a vibrant ecosystem of financial services, professional firms, technology providers, and lifestyle businesses, TRX is helping to create high-value jobs, attract foreign investment, and drive growth in related sectors such as wellness, hospitality, consulting, technology and digital.

TRX’s alignment with RMK13 is further strengthened by its active contribution to the National Industrial Master Plan 2030 (NIMP 2030) and the KL20 initiative. By serving as a launchpad for policy innovation, digital transformation, and international branding, TRX is positioning Kuala Lumpur as the financial heart of ASEAN and a magnet for global capital and talent.

TRX recognises that the success of RMK13 depends on the collective effort of all Malaysians-government, industry, academia, and civil society. TRX is committed to working hand-in-hand with all parties to deliver on the promise of RMK13, ensuring that the benefits of growth and innovation are shared by all.

The finance sector remains one of the top high-growth-high value (HGHV) economic contributors. Not only will it continue to drive financial inflows for the nation but it will also help to boost talent development, lift the income floor and increase opportunities for the people.

“RMK13 is a bold, forward-looking plan that sets Malaysia on the path to sustainable, inclusive prosperity. TRX is honoured to be part of this national journey and will continue to collaborate with all stakeholders to deliver real impact for the nation,” said Dato’ Azmar Talib, Chief Executive Officer, TRX City Sdn Bhd.

“We believe that by working together, Malaysia can achieve its ambition of becoming a high-income, resilient nation. TRX is committed to being a platform for investment, innovation, human capital and shared success,” he added.

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About TRX

TRX City Sdn Bhd (TRXC) is wholly owned by the Malaysian Ministry of Finance and is the master developer of Tun Razak Exchange (TRX), Malaysia’s International Financial Centre. TRXC ensures global best practices, developers’ innovative master plans, and integrates smart, sustainable, well-connected, and future-proofed infrastructure. As the company that leads the project from vision to execution, TRXC undertakes all planning, marketing, enhancement, management, and infrastructure provisions for the project.

For more information, visit www.trx.my

For Media Enquiries

Maisara Ismail, Director of Marketing & Communications
+60193130739 | [email protected]

Raja Iylia Diyana, Director of Corporate Planning
+60166611301 | [email protected]